Detail publikace

The impact of efficiency on the profitability of large farms in the Visegrad Four

FUKSOVA, Zuzana, David MAREŠ a Milan KŘÁPEK

Originální název

The impact of efficiency on the profitability of large farms in the Visegrad Four

Typ

článek v časopise ve Web of Science, Jimp

Jazyk

angličtina

Originální abstrakt

The issue of productivity and performance in agriculture is significant because it affects a country's competitiveness, sustainability, and self-sufficiency in agricultural production and is reflected in European policy. This study aims to determine which country had the most efficient large farms compared to other V4 countries and whether efficiency in each country translates into the performance of large farms. The data were obtained from the EU FADN (Farm Accountancy Data Network) database from 2005 to 2019. These data were then evaluated using the statistical methods DEA: CCR-O (Data Envelopment Analysis: constant returns to scale), DEA: BCC-O (Data Envelopment Analysis: variable returns to scale), and Pearson correlation coefficient. Regarding international comparisons in achieving efficiency as measured by DEA, Hungary is the best performer among the countries compared, followed by Czechia, Poland, and Slovakia. The correlation between efficiency and performance measured by Farm Net Value Added was demonstrated only for Hungary. The international comparison provided information about which country had the most efficient large farms, what the ranking of countries was in terms of efficiency, and for which countries efficiency had / did not have a potential impact on performance. At the same time, the relationships regarding the efficiency and performance of farms with an economic size above EUR 500 000 of standard output were clarified.

Klíčová slova

agriculture; livestock; farm performance; Data Envelopment Analysis; Pearson

Autoři

FUKSOVA, Zuzana, David MAREŠ a Milan KŘÁPEK

Vydáno

17. 9. 2024

Nakladatel

CZECH ACADEMY AGRICULTURAL SCIENCES

Místo

PRAGUE

ISSN

0139-570X

Periodikum

Agricultural Economics (AGRICECON)

Ročník

70

Číslo

9

Stát

Česká republika

Strany od

457

Strany do

464

Strany počet

8

URL

BibTex

@article{BUT191141,
  author="Zuzana {Fuchsová} and David {Mareš} and Milan {Křápek}",
  title="The impact of efficiency on the profitability of large farms in the Visegrad Four",
  journal="Agricultural Economics (AGRICECON)",
  year="2024",
  volume="70",
  number="9",
  pages="457--464",
  doi="10.17221/120/2024-AGRICECON",
  issn="0139-570X",
  url="https://agricecon.agriculturejournals.cz/pdfs/age/2024/09/02.pdf"
}